Financials Unimot S.A.

Equities

UNT

PLUNMOT00013

Oil & Gas Refining and Marketing

Market Closed - Warsaw S.E. Other stock markets 16:55:42 13/05/2024 BST			5-day change	1st Jan Change
131.6 ^PLN	-1.35%		-1.50%	+6.13%

04-24	Unimot S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Unimot S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2022	2023	2024	2025	2026
Capitalization ¹	228.7	275	733.7	1,017	1,079	-	-
Enterprise Value (EV) ¹	413.2	389.8	733.7	1,624	1,975	1,632	1,604
P/E ratio	3.79 x	7.82 x	1.96 x	2.09 x	9.09 x	7.74 x	-
Yield	-	5.87%	-	3.23%	3.04%	2.8%	3.84%
Capitalization / Revenue	0.05 x	0.06 x	-	0.08 x	0.08 x	0.08 x	0.09 x
EV / Revenue	0.09 x	0.08 x	-	0.13 x	0.15 x	0.13 x	0.13 x
EV / EBITDA	6.49 x	4.47 x	-	6.94 x	7 x	5.17 x	4.58 x
EV / FCF	18.7 x	2.68 x	-	-9.88 x	13.9 x	7.3 x	5.53 x
FCF Yield	5.34%	37.4%	-	-10.1%	7.2%	13.7%	18.1%
Price to Book	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	8,198	8,198	8,198	8,198	8,198	-	-
Reference price ²	27.90	33.55	89.50	124.0	131.6	131.6	131.6
Announcement Date	25/03/20	23/03/21	20/04/23	24/04/24	-	-	-

¹PLN in Million²PLN

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2022	2023	2024	2025	2026
Net sales ¹	4,450	4,819	-	12,913	13,528	12,885	11,965
EBITDA ¹	63.71	87.2	-	234	282	315.8	350
EBIT ¹	68.74	49.26	-	139.9	196	229.8	252
Operating Margin	1.54%	1.02%	-	1.08%	1.45%	1.78%	2.11%
Earnings before Tax (EBT)	-	-	-	-	-	-	-
Net income ¹	60.41	35.16	374	487.2	92	138.7	171
Net margin	1.36%	0.73%	-	3.77%	0.68%	1.08%	1.43%
EPS ²	7.370	4.290	45.62	59.43	14.47	17.01	-
Free Cash Flow ¹	22.06	145.6	-	-164.4	142.2	223.6	290
FCF margin	0.5%	3.02%	-	-1.27%	1.05%	1.74%	2.42%
FCF Conversion (EBITDA)	34.63%	167.01%	-	-	50.43%	70.82%	82.86%
FCF Conversion (Net income)	36.52%	414.23%	-	-	154.57%	161.21%	169.59%
Dividend per Share ²	-	1.970	-	4.000	4.000	3.685	5.050
Announcement Date	25/03/20	23/03/21	20/04/23	24/04/24	-	-	-

¹PLN in Million²PLN

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2024 Q1
Net sales ¹	3,231
EBITDA ¹	27
EBIT ¹	7
Operating Margin	0.22%
Earnings before Tax (EBT)	-
Net income ¹	-11
Net margin	-0.34%
EPS	-
Dividend per Share	-
Announcement Date	-

¹PLN in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2022	2023	2024	2025	2026
Net Debt ¹	184	115	-	607	896	553	525
Net Cash position ¹	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.895 x	1.316 x	-	2.596 x	3.177 x	1.751 x	1.5 x
Free Cash Flow ¹	22.1	146	-	-164	142	224	290
ROE (net income / shareholders' equity)	-	-	-	-	-	-	-
ROA (Net income/ Total Assets)	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-
Book Value Per Share	-	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	-	-	-	96	96	96
Capex / Sales	-	-	-	-	0.71%	0.75%	0.8%
Announcement Date	25/03/20	23/03/21	20/04/23	24/04/24	-	-	-

¹PLN in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Unimot S.A.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

131.6 PLN

Average target price

165.6 PLN

Spread / Average Target

+25.81%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Petroleum Product Wholesale

	1st Jan change	Capi.
UNIMOT S.A.	+6.13%	274M
PTT OIL AND RETAIL BUSINESS	-4.19%	5.94B
PETRONAS DAGANGAN	-2.29%	4.5B
QATAR FUEL COMPANY Q.P.S.C. ("WOQOD")	-11.64%	3.98B
VIVA ENERGY GROUP LIMITED	-0.57%	3.65B
AMERIGAS PARTNERS, L.P.	+23.40%	3.23B
PT AKR CORPORINDO TBK	+11.86%	2.04B
GLOBAL PARTNERS LP	-1.65%	1.49B
WORLD KINECT CORPORATION	+9.66%	1.48B
ITOCHU ENEX CO.,LTD.	+2.86%	1.14B

Petroleum Product Wholesale